The move follows India’s “failure to provide the United States with assurances that it will provide equitable and reasonable access to its markets in numerous sectors,” the US Trade Representative’s (USTR) office said in a statement.

The USTR said it was ending preferential treatment for Turkey because “it is sufficiently economically developed” and should no longer benefit from the GSP programme.

The changes may not take effect until at least 60 days after the notifications to US congress and the governments of India and Turkey.

Trade tariffs

Mr Trump, who has pledged to reduce US trade deficits, has called out India for its high tariffs.